Ifb Industries Ltd

Manufactures fine blanking components and consumer durable goods with diversified product portfolio.

1974 | Kolkata, West Bengal (India) | Active
Last Updated:

Ifb Industries Profile

Key Indicators

  • Authorised Capital ₹ 119.00 Cr
  • Paid Up Capital ₹ 40.52 Cr
  • Company Age 50 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 419.85 Cr
  • Satisfied Charges ₹ 397.07 Cr
  • Revenue Growth 22.72%
  • Profit Growth -182.94%
  • Ebitda -76.04%
  • Net Worth -10.07%
  • Total Assets 7.36%

About Ifb Industries

Ifb Industries Ltd (IIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 September 1974 and has a history of 50 years and eight months. Its registered office is in Kolkata, West Bengal, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 505726 and on the National Stock Exchange(NSE) under IFBIND.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 119.00 Cr and a paid-up capital of Rs 40.52 Cr.

The company currently has active open charges totaling ₹419.85 Cr. The company has closed loans amounting to ₹397.07 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ifb Industries Ltd India are Ritesh Agarwal as COMPANY SECRETARY and Soumitra Goswami as Cfo. Ashok Bhandari, Biswadip Gupta, Desh Dogra, and Eight other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L51109WB1974PLC029637

  • Company No.

    029637

  • Stock Symbol

    BSE : 505726 NSE : IFBIND

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Sep 1974

  • Date of AGM

    29 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Automotive
Consumer Electronics & Durables

What products or services does Ifb Industries Ltd offer?

Ifb Industries Ltd offers a wide range of products and services, including Automobile Electrical Components, Automotive Motors, Apparel & Textile Machinery, Textile Machines, Home Appliances & Kitchen Appliances, Home Appliances, Dishwasher, Machines & Equipments, Industrial Washing Machine, Industrial Coolers, Blowers & Fans.

Company report

Ifb Industries Ltd

Explore comprehensive data for Ifb Industries Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Ifb Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Panamanna Narayanan Country flag representing In Managing Director23-Nov-2023Current
Ritesh Agarwal Country flag representing In Company Secretary27-Jun-2023Current
Soumitra Goswami CFO26-Apr-2024Current

Board Members (10)

NameDesignationAppointment DateStatus
Sudip Banerjee Country flag representing In Director 04-Apr-2012Current
Desh Dogra Country flag representing In Director 10-Feb-2021Current
Ashok Bhandari Country flag representing In Director 30-Jan-2018Current
Biswadip Gupta Country flag representing In Director 10-Feb-2021Current
Bikramjit Nag Country flag representing In Whole-Time Director 31-Oct-2008Current
Rahul Choudhuri Country flag representing In Director 28-Jul-2017Current

Financial Performance of Ifb Industries.

Ifb Industries Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 22.72% increase. The company also saw a substantial fall in profitability, with a 182.94% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.07%.

Ifb Industries revenue growth over time
Ifb Industries profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
22.72%
Revenue from Operations
22.91%
Total Assets
7.36%
Profit or Loss
-182.94%
Net Worth
-10.07%
EBITDA
-76.04%

What is the Ownership and Shareholding Structure of Ifb Industries?

In 2023, Ifb Industries had a promoter holding of 74.96% and a public holding of 25.04%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹419.85 Cr

Satisfied Charges

₹397.07 Cr

Charges Breakdown by Lending Institutions

  • Others : 249.85 Cr
  • Standard Chartered Bank : 120.00 Cr
  • Hdfc Bank Limited : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jun 2022Others₹60.00 CrOpen
22 Mar 2022Hdfc Bank Limited₹50.00 CrOpen
08 Dec 2020Others₹50.00 CrOpen
18 Dec 2019Others₹20.00 CrOpen
18 Dec 2019Others₹30.00 CrOpen

How Many Employees Work at Ifb Industries?

Ifb Industries has a workforce of 2570 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Ifb Industries Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ifb Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ifb Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Ifb Industries

Recent activity within the organization

  • Director Appointment

    Collegal Srinivasan Govindaraj was appointed as a Additional Director was appointed as a Additional Director on 26 Oct 2024 & has been associated with this company since 6 months 29 days .

  • Charges

    A charge registered on 17 Oct 2019 via Charge ID 100297120 with Standard Chartered Bank was fully satisfied on 23 Oct 2024.

  • Charges

    A charge registered on 17 Dec 2015 via Charge ID 10622771 with Dbs Bank Ltd was fully satisfied on 21 Oct 2024.

  • Charges

    A charge registered on 09 Sep 2019 via Charge ID 100288714 with Others was fully satisfied on 17 Sep 2024.

  • Annual General Meeting

    Ifb Industries Ltd last Annual general meeting of members was held on 29 Jul 2024 as per latest MCA records.

  • Charges

    A charge registered on 18 Nov 2019 via Charge ID 100305698 with Others was fully satisfied on 24 Jul 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Ifb Industries Ltd?

    Ifb Industries Ltd was incorporated on 12 Sep 1974.

  • What is authorized share capital and paid-up capital of Ifb Industries Ltd?

    The authorized share capital of Ifb Industries Ltd is ₹ 119.00 Cr and paid-up capital is ₹ 40.52 Cr.

  • Who are the current board members & directors of Ifb Industries Ltd?

    Currently 13 directors are associated with Ifb Industries Ltd.

    • Ashok Bhandari
    • Biswadip Gupta
    • Desh Raj Dogra
    • Bikramjit Nag
    • Sudip Banerjee
    • Rahul Choudhuri
    • Sangeeta Sumesh
    • Chacko Joseph
    • Amar Singh Negi
    • Collegal Srinivasan Govindaraj
    • Panamanna Hariharan Narayanan
    • Ritesh Agarwal
    • Soumitra Goswami

  • What is the registered address of Ifb Industries Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ifb Industries Ltd is 14 Taratolla Road India, Kolkata, West Bengal, 700088.

  • What is the corporate identification number (CIN) and company number of Ifb Industries Ltd?

    The corporate identification number (CIN) of Ifb Industries Ltd is L51109WB1974PLC029637 and the company number is 029637 as per Ministry of Corporate Affairs (MCA).

  • Is Ifb Industries Ltd registered with any stock exchange in India?

    Yes, Ifb Industries Ltd is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): IFBIND.

  • What is the official website of Ifb Industries Ltd?

    The Official website of Ifb Industries Ltd is https://www.ifbindustries.com

  • What has been the recent revenue trend for Ifb Industries Ltd?

    According to the financial reports for the fiscal year 2022, the revenue trend for Ifb Industries Ltd has risen by 22.72%.

  • How many employees does Ifb Industries Ltd currently have?

    As Per 2022 financial reports, 2570 employees are currently employed by Ifb Industries Ltd.

  • What change has been observed in the net worth of Ifb Industries Ltd, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Ifb Industries Ltd has experienced an downturn of -10.07%.

  • What are the total open charges for Ifb Industries Ltd?

    As per the financial statements for fiscal Year 2022, The total open charges for Ifb Industries Ltd amount to ₹ 419.85 Cr.

  • When was the last Balance Sheet of Ifb Industries Ltd filed with the ROC?

    The most recent Balance Sheet for Ifb Industries Ltd was filed with the ROC on 31 Mar 2024.

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